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Orono, MN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
174
Very Expensive
Median Home Value
$952,400
National: $426,735
Median Rent
$1,653/mo
National: $1,527/mo
Household Income
$181,875
National: $84,532
Population
8,205
Purchasing Power
124
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
223 / 100
100 = national average
Rent Index
108 / 100
Overall Index
174
Very Expensive

Orono Mortgage Calculator

Pre-filled with the local median home value of $952,400 and Minnesota's property tax rate of 1.11%.

Salary & Purchasing Power

Median household income is $181,875 115% above the national average.

What $181,875 in Orono Gets You Elsewhere

CityEquivalent SalaryDifference
San Diego, CA$183,966+1%
San Jose, CA$242,500+33%
New York, NY$157,834-13%
Los Angeles, CA$177,694-2%

Property Tax in Orono, MN

Est. Annual Property Tax
$10,572
Monthly Impact
$881
Added to your mortgage
Effective Rate
1.11%
National avg: ~1.00%

Minnesota Tax Overview

Tax TypeMinnesotaNational Avg
Property Tax Rate1.11%1.00%
Top Income Tax Rate9.85%~5.0%
State Sales Tax7.54%~5.0%

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Cost of Living Comparison

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Orono, MN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Orono, MN: 223
Rent Prices
108
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR